Outlook for EUR/USD on November 1. COT report. Euro dips as eurozone GDP contracts
Analysis of EUR/USD 5M On Tuesday, EUR/USD started a corrective move but couldn’t manage to hold for a long time and then turned downwards. At the end of the day, despite rising by 80 pips, the euro managed to depreciate. This aligns with our expectations. We’ve repeatedly mentioned that the pair might form several phases […]